China, Mexico officials meet, no mention of scrapped rail deal

SHANGHAI Nov 26 (Reuters) - China and Mexico's transport
ministers have met to discuss future cooperation in transport
infrastructure, according to a statement from the Chinese
ministry, which mentioned no talk of a recently scrapped $3.75
billion high-speed rail deal.

China's Yang Chuantang and Mexico's communications and
transport minister Gerardo Ruiz Esparza met in Beijing on
Tuesday, after Mexico abruptly revoked the contract awarded to a
team led by state-owned China Railway Construction
due to transparency concerns.

Mexico said on Sunday that the meeting was to discuss the
cancellation of the deal, for which the consortium was the sole
bidder, as well as Mexican plans to build a $10 billion
state-owned and privately-operated network.

China's trade ministry previously said it believed there
were legal grounds for compensation after the agreement was
cancelled.

The Wednesday statement on the Ministry of Transport website
said Yang spoke about China and Mexico's good cooperative
relationship on transport infrastructure while Esparza said he
hoped more Chinese companies would invest in Mexican
infrastructure such as railways, roads and airports.
(Reporting by Brenda Goh; Editing by Ryan Woo)